XAUUSD Trading plan


Pattern: Channel Down on 4H.

Signal: (A) Bearish is the (red) Higher Lows trend-line breaks. Bearish extension below Support 1. (B) Bullish if the 1746 Resistance breaks.

Target: (A) 1695 (Lower Low of the Channel Down), (B) 1760 (just below the Yearly High).

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